Fund Evaluator:
Quantified Common Ground Advisor (QCGAX)
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Best Performing in Mid-Cap Blend Over the Last Year
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| 29.8% | CRM All Cap Value Inv (CRMEX) |
Fund Details
Quantified Common Ground Advisor Overview
Quantified Common Ground Advisor (QCGAX) is an actively managed U.S. Equity Mid-Cap Blend fund. Advisors Preferred launched the fund in 2025.
The investment seeks total return. The fund invests primarily in common stocks and bonds of issuers that the Subadviser considers compliant with both ESG (Environmental, Social and Governance) and BRI (Biblically Responsible Investing) standards. The Subadvisor may also use ESG and BRI exchange-traded funds ("ETFs") and mutual funds to execute its strategy. It invests in ETFs and mutual funds that are not affiliated with the Adviser or Subadviser. The fund is non-diversified.
About Quantified Common Ground Advisor (QCGAX)
There are 2 members of the management team with an average tenure of 4.43 years: Daniel Poppe (2024), Jerry Wagner (2019). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P Composite 1500 (TR) USD index with a weighting of 100%. Quantified Common Ground Advisor has 39 securities in its portfolio. The top 10 holdings constitute 46.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is considered to have an ESG focus with its investment selection and management.
Quantified Common Ground Advisor is part of the Equity global asset class and is within the U.S. Equity fund group. Quantified Common Ground Advisor has 2.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 93.7%. There is 2.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Quantified Common Ground Advisor has 4.1% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $1 billion average for the Mid-Cap Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
QCGAX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Quantified Common Ground Advisor expense ratio is high compared to funds in the Mid-Cap Blend category. Quantified Common Ground Advisor has an expense ratio of 2.24%, which is 129% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Quantified Common Ground Advisor has a portfolio turnover rate of 711%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 51% for the Mid-Cap Blend category.
Recently, in the month of July 2026, Quantified Common Ground Advisor returned -3.9%, which earned it a grade of D, as the Mid-Cap Blend category had an average return of -1.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Quantified Common Ground Advisor has a trailing yield of 0.33%, which is below the 0.48% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Quantified Common Ground Advisor Grades
Year to date, the fund has returned 9.9%, 3.2 percentage points worse than the category, which translates into a grade of D. The fund has returned 14.2% over the past year (grade of D), 7.8% over the past three years (grade of F) and 6.6% per year over the past five years (grade of D).
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QCGAX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| QCGAX Return (NAV) | -3.9% | -4.7% | 14.2% | 7.8% | 6.6% | na |
| QCGAX Grade | D | F | D | F | D | na |
| +/- Category | -2.1% | -8.6% | -3.6% | -4.8% | -1.1% | na |
| Mid-Cap Blend Avg | -1.8% | 3.9% | 17.8% | 12.7% | 7.6% | 10.3% |
| QCGAX Tax Cost Ratio | na | na | 0.2% | na | na | na |
QCGAX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| QCGAX Return (NAV) | 9.9% | 0.4% | 9.0% | 13.9% | -12.9% | 31.2% | 13.8% | na | na | na | na |
| QCGAX Grade | D | F | F | D | B | A | B | na | na | na | na |
| +/- Category | -3.2% | -7.5% | -4.5% | -2.5% | 2.2% | 6.9% | 0.5% | na | na | na | na |
| Mid-Cap Blend Avg | 13.0% | 7.9% | 13.5% | 16.4% | -15.1% | 24.3% | 13.3% | 28.5% | -10.3% | 16.1% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 13.4% |
| Total Risk Index: | 1.09 - Above Average |
| Category Risk Index: | 0.85 - Low |
| Category Risk Grade: | A (8% Rank) |
| Beta: | 0.77 |
| R-Squared: | 57% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.3% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $104 Mil |
| Fund Total Assets: | $ 1 Mil |
| Share Class Type: | Adv |
| Portfolio Turnover: | 711% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 6.6 years | |||
| Average Tenure: 4.4 years | |||
| Managers (Year): Wagner Jerry (2019), Poppe Daniel (2024) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 39 |
| % in Top 10 Holdings: | 46.3% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 2.2% |
Portfolio Allocation |
|
| Domestic Stock: | 93.7% |
| Foreign Stock: | 2.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 4.1% |
Purchase Information
| Fund Family: | Advisors Preferred |
| Phone Number: | 855-647-8268 |
| Website: | www.advisorspreferred.com |
| Status: | Open |
| Inception Date: | January 31, 2025 |
| Min. Initial Purchase: | $10,000 |
| Min. Initial IRA Purchase: | $10,000 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 2.24% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.98% |
| Share Class: | Quantified Common Ground Investor |
| Min. Subsequent Purchase: | $1,000 |
| Min. Subsequent IRA Purchase: | $ 0 |
